To make money every trade. At first, I did not have the ability to make money every trade. After I had the ability to make money on most trades I realized it was a horrible objective. If you want to make money on every trade you are always waiting. You can never take that much risk… Read More »
Arvind Any close above 300 stock is heading towards 322. Buy above 300 Tgt 301.5,305 and 312 SL 297 Sell below 294.5 Tgt 291,285 and 280 SL 297 HDFC Any close above 1042 stock is heading towards 1076. Buy above 1040 Tgt 1045,1055 and 1066 SL 1037 Sell below 1034 Tgt 1028,1023 and 1015 SL… Read More »
Last week we gave Nifty Chopad level of 16200 and Bank Nifty did 3 target on downside. Lets analyze how to trade in as RBI policy is coming on 30 September Bank Nifty Hourly Bank Nifty hourly charts broke the support zone of 15450 saw a decline till 15200 odd levels and closed above this… Read More »
Last week we gave Nifty Chopad level of 8100 and Nifty did 3 target on downside rewarding trend followers by 179 points, Coming week has only 3 trading days so trading will be limited, S&P upgrade was a big positive for India and Our PM meeting Obama will be keenly watched by market so market… Read More »
“Soros is the best loss taker I’ve ever seen. He doesn’t care whether he wins or loses on a trade. If a trade doesn’t work, he’s confident enough about his ability to win on other trades that he can easily walk away from the position. There are a lot of shoes on the shelf; wear… Read More »
Market has been Topsy turfy in past 4 trading session and we have a long trading weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he… Read More »
A big part of trading is a probability game. The market can move any directions and many times against all logic and fundamentals for a period of time.An edge in trading is the ability to have winning probabilities on your side. Most people cannot distinguish between luck and skill when it comes to forecasting the… Read More »
BHEL Buy above 207 Tgt 211,215 and 219 SL 203 Sell below 201 Tgt 198,192 and 184 SL 203 Tata Motors Buy above 506.5 Tgt 511,515 and 521 SL 503 Sell below 500 Tgt 498,492 and 485 SL 503 Reliance Buy above 932 Tgt 939,945 and 955 SL 929 Sell below 925 Tgt 920,918… Read More »
Nifty after yesterday decline of 100 points is quiet well trading in the price channel band as seen in below chart. 7864/7990 are 2 numbers which need to be watched closely in coming 3 trading session, Holding the same we can see a quick bounce to 8020/8040 and holding the same we will make a… Read More »
During periods of market uncertainty, like what we are currently experiencing with fears of a Fed rates hike and myriad geopolitical risks appearing on the horizon, it can be helpful (and inspiring) to pay heed to the advice given by investment greats of the years gone by. One such great is Peter Lynch, who ran… Read More »